Insider Buying: Biglari Holdings Inc (BH) Director Acquires $495,164.34 in Stock

Biglari Holdings Inc (NYSE:BH) Director Sardar Biglari purchased 1,221 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average cost of $405.54 per share, for a total transaction of $495,164.34. Following the purchase, the director now owns 1 shares of the company’s stock, valued at $405.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Sardar Biglari also recently made the following trade(s):

  • On Wednesday, February 14th, Sardar Biglari purchased 1,221 shares of Biglari stock. The shares were acquired at an average cost of $402.65 per share, for a total transaction of $491,635.65.
  • On Thursday, February 8th, Sardar Biglari purchased 1,187 shares of Biglari stock. The shares were acquired at an average cost of $395.78 per share, for a total transaction of $469,790.86.
  • On Friday, February 2nd, Sardar Biglari purchased 1,218 shares of Biglari stock. The shares were acquired at an average cost of $407.66 per share, for a total transaction of $496,529.88.
  • On Tuesday, February 6th, Sardar Biglari purchased 3,310 shares of Biglari stock. The shares were acquired at an average cost of $400.56 per share, for a total transaction of $1,325,853.60.
  • On Wednesday, January 31st, Sardar Biglari purchased 862 shares of Biglari stock. The shares were acquired at an average cost of $416.43 per share, for a total transaction of $358,962.66.
  • On Monday, January 29th, Sardar Biglari purchased 816 shares of Biglari stock. The shares were acquired at an average cost of $417.31 per share, for a total transaction of $340,524.96.
  • On Friday, January 26th, Sardar Biglari purchased 780 shares of Biglari stock. The shares were acquired at an average cost of $418.93 per share, for a total transaction of $326,765.40.
  • On Wednesday, January 24th, Sardar Biglari purchased 1,006 shares of Biglari stock. The shares were acquired at an average cost of $412.66 per share, for a total transaction of $415,135.96.
  • On Monday, January 22nd, Sardar Biglari bought 1,250 shares of Biglari stock. The stock was purchased at an average cost of $412.29 per share, for a total transaction of $515,362.50.
  • On Friday, January 19th, Sardar Biglari bought 1,391 shares of Biglari stock. The stock was purchased at an average cost of $417.04 per share, for a total transaction of $580,102.64.

Shares of Biglari Holdings Inc (BH) opened at $391.62 on Friday. Biglari Holdings Inc has a 12 month low of $290.05 and a 12 month high of $451.15. The firm has a market cap of $823.22, a price-to-earnings ratio of 9.41 and a beta of 0.41. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of 0.51.

Institutional investors and hedge funds have recently made changes to their positions in the company. First Manhattan Co. purchased a new stake in shares of Biglari in the third quarter valued at $116,000. BNP Paribas Arbitrage SA raised its stake in shares of Biglari by 59.3% in the third quarter. BNP Paribas Arbitrage SA now owns 513 shares of the restaurant operator’s stock valued at $171,000 after acquiring an additional 191 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in shares of Biglari by 31.1% in the third quarter. Municipal Employees Retirement System of Michigan now owns 590 shares of the restaurant operator’s stock valued at $197,000 after acquiring an additional 140 shares during the period. MetLife Investment Advisors LLC purchased a new stake in shares of Biglari in the fourth quarter valued at $219,000. Finally, JPMorgan Chase & Co. raised its stake in shares of Biglari by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 553 shares of the restaurant operator’s stock valued at $221,000 after acquiring an additional 25 shares during the period. 87.29% of the stock is currently owned by institutional investors and hedge funds.

Separately, TheStreet downgraded shares of Biglari from a “c” rating to a “d+” rating in a research note on Monday, November 6th.

TRADEMARK VIOLATION WARNING: “Insider Buying: Biglari Holdings Inc (BH) Director Acquires $495,164.34 in Stock” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://ledgergazette.com/2018/02/17/insider-buying-biglari-holdings-inc-bh-director-acquires-495164-34-in-stock.html.

About Biglari

Biglari Holdings Inc is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company’s segments include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Company’s restaurant operations’ activities are conducted through approximately two restaurant concepts operated by subsidiaries Steak n Shake Inc (Steak n Shake) and Western Sizzlin Corporation (Western).

Insider Buying and Selling by Quarter for Biglari (NYSE:BH)

Receive News & Ratings for Biglari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Biglari and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply